USDC

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Post is by: Advanced-Rub2065 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sz4pt3/john_oliver_said_740_accounts_captured_23_of/ Last week's Last Week Tonight segment ran the numbers on prediction markets. Oliver's headline stat: of Polymarket's 2M+ users, more than two-thirds of all winnings went to just \*\*740 accounts\*\*. He also flagged the trader who pocketed $400K on a last-minute Maduro-capture bet — "genuinely chilling when you realize people seem to be using insider info to bet on life or death events." I've been using CrowdIntel to walk that pattern back on-chain. The 740-account number is who \*cashed out\*. The funding graph — who actually staked them — is way smaller. Two clusters tell the story: I can share links to investigations but afraid Reddit will delete my post... \*\*Cluster 1: 30 wallets, one funder, $2.41M profit.\*\* \`0xf70d...dbef\` is the funder. The 30 wallets it staked placed \*\*829 bets on geopolitics, won 87%\*\*, and traded $7M in volume. Combined realized profit: \*\*$2.41M\*\*. Average wallet: $80K profit. Top wallet: $233K. \*\*Cluster 2: 27 wallets, different funder, $822K profit.\*\* \`0x1929...d215\` funded these. \*\*475 bets, 92% win rate, $10.56M traded, $822K profit.\*\* Sixteen of the 27 have never lost a single geopolitics bet. Top wallet: $289K. That's \*\*57 different "anonymous trader" profiles\*\* on Polymarket — all routed through two funder addresses, all profitable, all on geopolitics. And there are dozens more clusters past those two. \*\*How this works.\*\* Every Polymarket account has a funder — the wallet that originally sent it the USDC to bet with. Group accounts by who funded them, and you start seeing the same address sitting behind a lot of "different" traders. Then you check the win rates and the PnL. \*\*Worth being honest about the limits.\*\* A shared funder doesn't prove one person is running all 30 wallets. It could be an OTC desk, an exchange hot wallet, or a family office moving money for clients. It's a flag, not a conviction. Oliver's right that you can't name the human behind a wallet from on-chain data alone — that part takes exchange records and subpoenas. The CFTC, which is supposed to handle that piece, currently has one commissioner instead of five. What on-chain data does show is the pattern. The 740-account framing is the visible part. The funder graph behind it is way more concentrated than that. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Ev_Watching

The useful split is **where the yield comes from**. Aave-style lending yield usually comes from borrowers paying to use USDC. Perp vault yield usually comes from traders, funding, and exchange activity. Tokenized Treasury products usually come from boring old T-bills wearing a crypto hoodie. Those are very different risks, even if they all show up as “stablecoin APY” on a dashboard. My default filter is: if the yield is 4 to 6 percent, I’m asking about custody, redemption, and issuer risk. If it’s 12 to 20 percent, I’m assuming there’s strategy risk, liquidity risk, incentives, or some weird little DeFi gremlin hiding in the plumbing. I track this for Boring Money, and the best answer is usually boring: start with tiny size, use products where you can explain the yield source, and don’t let a stablecoin label trick you into thinking the whole stack is stable.

Ev_Watching

I’d separate 3 things that usually get mashed together: holding risk, yield risk, and borrowing risk. Your BTC/ETH/SOL/XRP already move around a lot. If you borrow USDC against them, you’ve added liquidation risk on top of price risk, which is where “my money is sleeping” can turn into “my money got woken up by a margin call.” Very annoying alarm clock. If I were learning this with $5k, I’d keep the long-term stack simple, then carve out a small sandbox for DeFi. Try something boring first: a small amount of USDC on a major lending market like Aave, understand where the yield comes from, how withdrawals work, what chain you’re on, and what can break. The question I’d ask before any yield product is: who’s paying me, why are they paying me, and what has to go wrong for me to lose money? I write about this stuff at Boring Money, mostly stablecoin yield and DeFi risk, and that’s still the filter I use. If you can’t explain the APY in 2 sentences, size it like tuition, not savings.

Old-Cornerr

yeah common rookie tax, you're not alone. fix is using a venue that takes non-stable margin directly. HL takes ETH/wstETH/BTC/USDC as collateral so you don't roundtrip every trade. dydx and gmx are similar. ran the math on this once, was paying \~30bps per conversion roundtrip on coinbase pro, doing 4-6 trades a week meant 1.5pct/month gone to conversions. one catch: non-stable margin has its own price exposure, so a big move against your collateral can liquidate faster than the position alone suggests, set wider stops or size smaller to account for it

borg_6s

> Ten thousand unique user profiles with names, pseudonyms, bios, profile images, proxy wallet addresses, and base wallet addresses. That last part matters because wallet addresses are pseudonymous on-chain, but once you tie them to a name and a profile image, the pseudonymity starts to collapse. > > There are also 9,000 follower profiles with similar detail, 4,111 comments with attached profile data, and 1,000 report records containing 58 unique ETH addresses. The inclusion of something called admin_auth_addr in the reports data is the kind of detail that raises questions about what else might have been accessible beyond what’s listed. > > On the market data side, the dump allegedly includes 48,536 markets from Polymarket’s Gamma system with full metadata, condition IDs, and token IDs, plus over 250,000 active CLOB markets with FPMM contract addresses, and 292 events with internal usernames and wallet addresses attached to the submitter and resolver roles. A hundred reward configurations are also included, complete with USDC contract addresses and daily payout rates. I can't read the word salad in the OP so I pasted the relevant part of the article. TLDR it's a mass scrape of user profiles and orders.

BTCWallahFXEmpire

I knew the answers but was too lazy to write a long post. Here's a GROK breakdown if it helps: **Very little of what you listed** ***requires*** **XRP today**. Most of it is real activity around the ecosystem (XRPL, Ripple products, tokenization, payments), but **usage ≠ demand for XRP as a settlement asset**. Let’s break it down cleanly. # 1) What actually uses XRP directly today These are the **only categories where XRP demand is structurally tied in**: * **On-Demand Liquidity (ODL)** via Ripple * XRP is used as a **bridge currency** between fiat pairs * Adoption exists, but **limited relative to global payments volume** * **XRPL transaction fees / reserves** * Every transaction burns a tiny amount of XRP * Accounts require XRP reserves * → Real usage, but **economically small** * **Speculative + treasury holdings** * Exchanges, whales, some institutions hold XRP * This is still the **dominant demand driver** 👉 Bottom line: **XRP is used, but not at scale relative to the narratives** # 2) Projects you listed — what they actually use # Tokenization / RWA (Kyobo, “$2B → $100B” narrative) * Likely built on **XRPL or similar rails** * Uses: * Ledger for issuance & settlement * Does **NOT require XRP** * Tokens can settle without XRP (just like ERC-20s on Ethereum) 👉 XRP role: **optional liquidity layer, not mandatory** # Rakuten (44M users) * If integrated, it’s: * Payments infra * Possibly wallets or loyalty systems * No evidence XRP is used as settlement currency 👉 XRP role: **none unless explicitly using ODL** # Mastercard + Gemini card * Mastercard + Gemini * This is a **crypto rewards / spending card** * Runs on **traditional payment rails** 👉 XRP role: **zero** # Ripple Treasury (ERP integrations) * Real product: enterprise treasury + liquidity management * Companies can: * Move fiat * Use stablecoins (like RLUSD) * Use XRP *if they choose* 👉 XRP role: **optional, not default** # RWA growth ($25M → $2B) * True trend across crypto (also on Ethereum, etc.) * Growth is: * Tokenized assets * Stablecoin rails 👉 XRP role: **XRPL may host assets, but XRP isn’t required** # Energy credit program ($800M) * Likely tokenized credits on-chain * Settlement can happen: * In fiat * In stablecoins * In native tokens (not necessarily XRP) 👉 XRP role: **unclear / likely minimal** # Transactions growth (500K → 4M) * Important but misleading metric Includes: * Token transfers * Internal ledger ops * Possible bot/activity 👉 Does NOT imply XRP demand growth directly # Exchange supply at 7-year low * This is: * **Market structure / holding behavior** * Not utility 👉 Bullish signal ≠ usage signal # Evernorth $1B treasury claim * No verified public confirmation (as of now) * Even if true: * Likely treasury tooling * Could use fiat or stablecoins 👉 XRP role: **uncertain** # “Clarity will disproportionately help XRP” * Regulatory clarity helps: * All compliant assets * Stablecoins arguably more 👉 XRP may benefit, but **not uniquely** # 3) The core misunderstanding You’re mixing three layers: |Layer|What’s growing|Does it need XRP?| |:-|:-|:-| |**Infrastructure**|XRPL, Ripple products|❌ No| |**Assets**|RWAs, stablecoins|❌ No| |**Settlement**|Payments|⚠️ Sometimes (ODL only)| 👉 Most growth is happening in **layer 1 & 2**, not in XRP usage. # 4) The real constraint on XRP adoption Why XRP isn’t used more: * **Stablecoins are simpler** * No volatility risk * **Banks prefer fiat rails** * **ODL requires liquidity + trust on both ends** * Competition from: * Ethereum * Stellar * Stablecoin ecosystems (USDC, USDT) # Final takeaway * **Most of what you listed is real progress — but for XRPL/Ripple, not XRP itself** * XRP today is: * **Partially used (ODL, fees)** * **Mostly held (speculation, treasury)** * The “everything will use XRP” thesis: * Depends on **ODL becoming dominant globally** * That hasn’t happened yet If you want, I can quantify **how much of Ripple’s total volume actually flows through XRP vs fiat/stablecoins** — that’s where the reality becomes very clear.

Dramatic_Rub6354

I don't know sorry I use kraken and metamask in Australia with no problems metamask has a simple way to trade perps on phone or computer with the wallet off ramp feature. So do the perp trades in USDC in a different part of the wallet and can transfer so far fees aren't bad 1dollar and when you do 250 dollar trade not too bad really and I'll claim that on tax because we have to add our gains to our income in Australia for tax the bastards ahaha

CryptoBuro

DeFi is no longer safe with North Korea stealing billions, unhindered by CIRCLE (who will freeze YOUR USDC) et al.

Ruzhyo04

BTC had value before tether, it will have value after tether. There’s also USDC and other regulated stablecoins now. This was a poor argument in 2016, it’s no argument at all in 2026.

Every_Application_26

The money isn't quite fixed as long as dodgy stablecoins like USDT and USDC has an influence on other crypto prices.

tornavec

Bankers are just trying to cash in on the stablecoin hype. Nowadays, everyone and their dog is issuing one, but USDC and USDT still lead the pack. The one real upside of having so many stablecoins is that they make arbitrage a lot easier. Then there are the true standouts—legends like CRMS, where you can still pull in some pretty decent spreads

Bluejumprabbit

The important part is not whether it beats USDT or USDC globally. If it becomes the easiest compliant settlement rail in Europe, it will matter even with a smaller market cap.

HSuke

Because that's **collective punishment**, which is usually considered a cruel and unusal punishment. Also, DAI and every other DEX and dAPP would stop using USDT and USDC if they started doing collecting punishment. Imagine being an app dev. Suddenly your entire liquidity pool is frozen because 1 person who uses it got your entire pool sanctioned.

NFTbyND

Nope apprently not anymore, just did an hour of research. Since the rebrand in 2024 everthing changed. Core assets (eth, btc) are now ~15%. The rest is USDC. Most of the USDC are used by approved agents that generate yield for USDS stakers. Dai rebranded to USDS in 2024 august. DAI still exists but can be swapped 1:1 to the new token. Both tokens DAI and USDS are subject to the same backing as of now, so only the name is different. DAI holders think that it's still backed by 150% eth like the old days, but it has changed now.

sumpg41

What's stopping Tether and Circle from freezing the USDT and USDC backing your DAI?

Ok-Ship812

I know someone in the EU that had 2m in USDT frozen. He lawyered up, I’ve no idea if he ever got it back. DAI has no such impounding / freezing functionality. Fuck USDT and USDC.

NFTbyND

Why aren't people just using DAI then? It's an actual uncensorable stablecoin backed by USDC USDT and eth and some others if I'm correct.

Mozzobeak

powerful read. The contrast is wild — $344 million frozen with one phone call vs Bitcoin just humming along like nothing happened. That's not an accident. That's the whole point of Bitcoin. Most people don't realize their "crypto" is really just an IOU from a company with a compliance team. Tether, USDC, all of them can freeze, block, reverse. Bitcoin can't. That's either freedom or a problem depending on who you ask. What I took from this is simple: know what you're actually holding. I started tracking everything I own across markets — not just crypto — so I can see where the real risk is. Stablecoins for liquidity, Bitcoin for the stuff I don't want anyone touching. Kreo helps me keep all of that in one place without pretending I'm some hardcore degen. Here's the link if y'all care: https://kreo.app/@dork123 Also the US military running a Bitcoin node is the funniest plot twist I didn't see coming lol.

aleopard74

Reddit (honest review format): Tried many earn projects this past year. Most are empty promises. Simple World — first where I actually got USDC for tasks. No investment, no staking. 4 USDC for first steps. DM me if interested.

aleopard74

Tried many earn projects this past year. Most are empty promises. Simple World — first where I actually got USDC for tasks. No investment, no staking. 4 USDC for first steps. DM me if interested.

i99990xe

It's true that BTC can't be frozen at the protocol level like USDT or USDC. However, its addresses still get blacklisted by OFAC. If you interact with them, your wallet gets "tainted" and you'll trigger risk controls at any major exchange. While hopping to privacy coins like XMR or ZEC can break the on-chain tracking, their liquidity pools are way too small. Institutional-sized money just can't enter or exit without massive slippage.

RefrigeratorLow1259

You cannot have native USDC minted on UTxO chains...only account based! It's an engineering issue.

Crypto-Coin-King

I got a Coinbase debit card today I used but when spending Bitcoin you get hit with a conversion fee and then the IRS taxes you. You can spend USDC stablecoin and you don't get the conversion fee. Needless to say, I quit using it for now.

_Commando_

> Circle USDC and Tether USDT have never been decentralized and has always had a built in kill switch. fixed.

discussionandrespect

Who the fuck would ever use USDT over USDC

LushLustPin

Honestly it’s kind of both, and that’s the annoying answer. Institutional stuff mostly pumps price and liquidity. That’s good for speculation, funding dev, and making it easier for normies to get exposure, but it doesn’t magically turn crypto into something you use at the grocery store. Actual usage is happening, just in pockets. Stablecoins for remittances, USDT/USDC as savings in crappy economies, onchain gaming items, some DeFi rails, NFTs for ticketing, etc. It’s just not the stuff that makes headlines the way “ETF APPROVED” does. Next cycle, institutions will probably drive the narrative again, but long term the only thing that really sticks is people using this stuff without caring that it’s crypto.

Savings_Refuse_5922

personally think USDC is better but no idea why Tether seems preferred.

Savings_Refuse_5922

How is the liquidity/use/availability of these coins? I haven't kept up with stables but know some people in the space and they all move in USDT on eth and then some on tron network not one even uses USDC. Obviously that's just an anecdotal quip though.

Savings_Refuse_5922

Stablecoins are the opposite of that. USDC and Tether have always had the ability to freeze/blacklist wallets and will maintain that if they want to expand their legitimacy. It's openly known that Tether works with the USSS and the government for things just like this.

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Post is by: Shenngkay and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1suiggk/blend_is_now_on_solana_via_sunrise/ $BLEND is officially live on Solana through Sunrise. You can now trade BLEND natively on Solana and pair it with SOL, USDC, and more across the ecosystem. Seamless bridging is also available—move your BLEND between Fluent and Solana anytime via Sunrise. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

GettinWiggyWiddit

Unfortunately yes. While USDC is better, the way their relationship is setup with coinbase and the language they have around what happens if a bankruptcy occurs, leaves me a lot of doubt. It’s low risk for crypto, but still risk. If the GENUIS act passes (which I hope it does, regardless of how someone views Trump), we may see some short term turmoil, but the stable coin world will be infinitely more trustworthy

TheGreatCryptopo

USDC is slowly gnawing away at USDT market share, but is that just polishing a turd?

YePeX

DCA in USDC-Blue Chip LPs until it creates income and rebalance accordingly, simple enough.

MadSL1m

The USDC shift is basically a card-issuer decision, not a user one. Circle lined up deals with Coinbase and MetaMask Metal to default new loads to USDC because Ethereum USDC has cleaner regulatory coverage in US/EU. USDT still wins on Tron-based cards (UPay, CryptoPay, SpectroCoin) because TRC-20 gas is \~$1 vs $5-10 for ETH USDC, which matters a lot when you're topping up $200-500. The split is really regional: USDC in US/EU cards, USDT in Asia/SEA.

football_collector

because the payments needs to be tracked down, its main characteristic of USDC

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Post is by: lollzzlol and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ssww2v/i_built_a_defi_lending_rate_aggregator_that_reads/ Every DeFi dashboard shows different APYs for the same protocol. Some pull from APIs, some estimate, none explain how they calculate. I got tired of it and built this. RateScope — real-time lending rates read directly from on-chain state [https://ratescope.xyz](https://ratescope.xyz) RateScope connects directly to each protocol’s on-chain program and reads raw rate state — no middlemen — then applies each protocol’s compounding model (per-second vs per-slot) and aggregates everything into a unified view so rates are directly comparable. Protocols: * Solana: marginfi, Kamino (Main + Prime), Jupiter, Save Finance * Sui: Suilend Currently supports USDC and USDT lending/borrowing pools. Features: * Unified APY: protocols compound differently (per-second vs per-slot), everything normalized to true APY so rates are actually comparable * Rewards: same-token rewards shown as APY, foreign-token rewards as APR * Pool TVL, Protocol TVL, utilization per pool Planning to add more protocols, chains, and tokens soon. Would appreciate feedback — especially if you notice any discrepancies vs native protocol UIs. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Slick424

I am no friend of USDT, but I doubt it has anything to do with USDC being better. They are probably getting paid to switch. Just like with Verge 8 years ago.

WorldlyCaramel3793

We have USDT or USDC for this one already right?

AmbivalentCvckfvcker

Bitget does 1:1 conversions from/to USDC

Nightlightz24884

But isn’t every stable coin pegged to a representation? Like USDC and USDT are one to one with USD. What would a global stablecoin be pegged to? You’d have to introduce a global currency that every country would have to agree on its value.

PhotographerUSA

USDC more unstable than PAXG

Repulsive_Counter_79

I completely agree! the original dream of anonymous, private crypto is fading fast with KYC everywhere, traceable transactions, and endless regulation.But privacy tech didn’t die; it’s evolving. Me and my buddies are shipping AnomaPay (anomapay.app) delivers real private payments right now. You can send and receive existing assets like USDC, USDT, ETH and more on public chains such as BNB Chain.It uses Anoma’s intent-centric architecture plus Zcash-style zero-knowledge proofs so your details stay confidential.Everything is non-custodial, simple to use, and your assets stay secured on the original chain. sooo the ship hasn’t sailed yet. projects like ours are still building safe havens for privacy.

Repulsive_Counter_79

I completely agree! the original dream of anonymous, private crypto is fading fast with KYC everywhere, traceable transactions, and endless regulation.But privacy tech didn’t die; it’s evolving. Me and my buddies are building AnomaPay (anomapay.app) delivers real private payments right now.You can send and receive existing assets like USDC, USDT, ETH and more on public chains such as BNB Chain.It uses Anoma’s intent-centric architecture plus Zcash-style zero-knowledge proofs so your details stay confidential. Everything is non-custodial, simple to use, and your assets stay secured on the original chain. The ship hasn’t sailed yet, projects like ours are still building safe havens for privacy.

buy_bitcoin_orwhatev

So what’s the latest with AAVE? We still think it’s safe for USDC? Bc my bag is earning 13% APY at the moment 😅

RuleSilent9151

all this USDT vs USDC talk hits different now that people actually using stables IRL, not just trading once you’re spending daily, liquidity and reliability matter way more than some market cap flex you really feel it when you start paying with it too, like on Oobit, n then it’s like “which one clears smoother, which one works everywhere,” not just charts and Twitter takes

Lazy-Resource9505

USDC used to be the Solana king, but lately, USDT liquidity on venues like Kraken or even for degen-ing on Phantom feels much deeper. I've been using BYDFi lately because they've been operating for 6 years and offer 500+ perp pairs with way better Solana-USDT integration. FWIW, they’re doing a $1M anniversary giveaway right now if you're planning on trading the current SOL pump anyway.

UnitedAd8949

both win in different lanes, USDT usually has deeper exchange liquidity while USDC tends to be cleaner for compliance-sensitive flows. i keep a split and deploy idle balances across Aave, Yearn, and EtherFi vault routes based on net yield after bridge and withdrawal costs.

diamond143420

Got my USDC on Nook since spring, pulling 7.6% while I wait for BTC to dip. Its pretty nice especially when BTC is super volatile, like rn.

lotofpic

USDT is currently getting banned in Europe's market because it doesn't meet the EU crypto regulations standards which USDC does.

yes_manequine

"I think I don't need to develop on this one." Develop a command of the English language maybe? Also? You clearly don't know much about the block chain given the referencing of Shiba, Hyper, Doge, BTC, ETH, Tether, USDC As if it is all interchangeable

DigitalHierophant

You think that's bad, try exchanging USDC to Fiat on any centralized exchange. They're gonna snatch a cool 2.5% off the top of whatever you exchange. That's always fun to watch once you enter 5 figure territory.

Blackfoxmeta

if USDC is secure, why did they had to silently bring another stablecoin USAT

BioFrosted

*Half* ?? Open Coin Market Cap or a similar website, scroll down and pick a coin at random. Take a good look at it and tell me there's a real project behind it. I just did that and landed on "Shiba Inu". I think I don't need to develop on this one. The issue is, Bitcoin didn't only launch the crypto project, it also accidentally filled most of the demands that were associated with other tenders. And through time, every crisis it survived made it so it filled the other demands as well. In this comment chain people are arguing what percentage of projects are scam. I'd argue it's easier to identify those which *aren't* scams, which as far as I'm concerned, is pretty much the Top 10 coins, minus Dogecoin. Though 10th is "Hyperliquid" which I'm quite doubtful about too. Simpler yet, with Bitcoin, Ethereum and a Stablecoin like USDC or Tether, you've got your three real projects

GBeastETH

Tether is a scam. I will never choose it over Circle / USDC.

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Post is by: tornavec and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/1splxt3/tether_vs_circle_usdt_is_ousting_usdc_from_the/ Stablecoins are the sweetest, most lucrative business in all of crypto. No surprise the Clarity Act got stuck in Congress—it all came down to stablecoins. Tether pulls in $12 billion in revenue and pockets $10 billion in profit every year. It's now among the top 18 holders of US government debt—country‑level. And the company already has its own person inside the White House. Yet out in the real market, corporations are increasingly choosing USDC. According to analysts at the crypto gateway Cryptomus, USDC transaction volume hit $2.55 trillion in Q1 2026, while USDT only managed $1.49 trillion. Circle's token now holds over 80% of regulated B2B settlements. Sure, Tether's market cap is still more than double Circle's, but the corporate sector's potential is enormous. And USDC has already carved out a spot in the payment systems of nearly every public fintech giant—Stripe, Visa, Worldpay, you name it. That's why the Drift protocol hack was a real April Fools' gift for Tether. The largest DEX on Solana got drained of $230 million—and North Korean hackers quietly walked away with it, all through USDC. Later, Circle tried to defend itself, saying it only blocks its stablecoins by court order. But as Bloomberg analyst James Seyffart put it: if you're running a centralized protocol, you freeze stolen funds. Period. Tether is chipping in a large sum to help reimburse Drift traders—and it's not just throwing money away. USDC used to hold an 80% share on Solana. Now it's down to 55%. Though, weirdly enough, Circle's overall market cap started climbing right after April 1—after having been falling. Is North Korea going to surprise us with more hacks? Funny thing is, Tether's supply jumped 3% in just ten days. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

DwightsShirtGuy

This one makes me laugh: 10. Any reference to crypto value in terms of fiat ^ should ALWAYS BE IN QUOTES Any writing talking about crypto market cap or values of crypto express in fiat such as $ and € should be enclosed in "quotes" or prefaced with the mark [sic] to indicate those values are based on misleading and unrealistic interpretations of market liquidity. Until such time as all the liquidity backing up all major stablecoins such as USDT, USDC and others have been verified by a formal independent audit, all fiat-based valuation of any crypto holdings should be considered "wishful thinking."

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Post is by: AdAncient6591 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sowy2r/network_finality_audit_navigating_the/ There is a lot of noise out there right now because we just crossed a massive milestone with over a trillion dollars in network activity this quarter. While most people are watching the price move around eighty six dollars, the real story is in the pipes. With the new institutional banks now minting USDC directly on the ledger around the clock, the general congestion is making standard wallet settings almost useless. If you have been getting constant transaction errors or expired signatures, it is because the automated defaults can’t compete with the new institutional volume we are seeing today. ​To actually get a handshake to go through with the ledger right now, you have to move away from the auto settings and use a manual setup. The industry standard that is actually working has the slippage fee set at five point zero as the first priority. Once that is locked in, you need to set your manual priority fee to zero point three five. On top of that, you should be looking at a zero point three five zero slash fifteen genotype setting to ensure the validator actually picks up the signature. This configuration is the only way to bypass the eighty percent failure rate the rest of the market is dealing with. It is just basic maintenance for the trillion dollar era we are in now. ​Thank you for your time, Thomas Harrison Founder of Festive Official Brand. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Waste-Milk2716

Switch to Coinbase advanced to get lower fees. Buy USDC. Use the USDC to buy XRP

ninenulls

yeah, if you login to GoDaddy and look around in the DNS settings, you'll see it. Also, the x402 initiative with Coinbase is a big deal. I'm sure you've heard the 404 Not Found response code for websites. There is a 402 Payment Required response code which has never been finished, and Coinbase is working with the Linux Foundation to get the 402 response code finished. From what I've seen, it will be mostly USDC over eth and Solana.

MakCapital

Get a different bank. However, it's unlikely they will block you from depositing into both Robinhood and Coinbase. From there you can freely convert to USDC and buy whatever you want on chain for almost no fees (XRP on Solana) or limit orders with the same CEX for greatly reduced fees. Never buy the asset directly with your bank. Use centralized exchanges as stable ramps. Silver lining, your bank did you a favor on blocking investments into a meme.

pilotairbus

Why is there no fee at Coinbase for purchasing USDC?

pirate_pues

Going to borrow USDC against it to Silence Epstein victims

Ping0u

Where I live, exchanging BTC for USDC is not taxable.

Wanchain_Official

Similarly: \- 50,000 ADA (about $12,611,75) will net you about 12,652 USDC. \- 10,000 ADA (about $2,522) will net you about 0.03328635 BTC (about $2592), if you manually route through iBTC. \- 10,000 ADA (about $2,522) will net you about 1.00423945 ETH (about $2456), if you manually route through iETH.

Wanchain_Official

Of course, it depends on how much you are trying to Bridge. But if you swap manually (passing through i-assets) on Minswap, it isn't so bad (you can even profit). For example, for 10,000 ADA (about $2,522), if you swap manually twice on minswap (ADA --> iUSD --> USDC), you'll receive about $2,611 USDC. You only really get punished at these levels on slippage if you try to directly swap ADA --> USDC, because Minswap routing doesn't work.

New-Set-5225

Those pairs have very low liquidity The second option seems like a good one, with a 5 USDC bridge fee

Wanchain_Official

There are several ways, but they each require multiple steps. In no particular order: \- Swap ADA to USDC/USDT/BTC/ETH on Minswap, but manually route it through iusd/ibtc/ieth. This has to be done manually (i.e., 2 transactions) because Minswap can't seamlessly route between its regular dex and stableswap. Then, bridge out via Wanchain Bridge ([https://bridge.wanchain.org/](https://bridge.wanchain.org/)). \- Swap ADA to USDCx. Then, bridge out via USDCX bridge ([https://usdcx.iog.io/bridge](https://usdcx.iog.io/bridge)). \- Bridge ADA to Wanchain blockchain. Then swap to USDC/USDT/BTC/ETH on XFlows ([https://xflows.wanchain.org/](https://xflows.wanchain.org/)). Then bridge out via Wanchain Bridge.

jawni

Charles is just trying to spin a potential issue for another chain as a win for Cardano. This is his classic move. He'll be like "This chain did XYZ, when Cardano did ABC, obviously ABC is better, Cardano wins again. 😎" and then you look at the chain and the TVL is the lowest it's been since 2023, blocks are almost empty, they paid out the ass for USDC and it barely gets used.

NFTbyND

Yes it's normal USDC, Circle recently integrated Cardano for USDCx. You can look it up yourself to verify. The bridge I linked to is IOG's bridge, IOG is Charles' company and is the main developer team of Cardano

New-Set-5225

Thanks, I'll check it asap. Is it really normal USDC on Ethereum? I'd hate to have a bridge stablecoin token that can't be swapped

NFTbyND

Hi, the best way to bridge is as follows. 1. Swap your ada to USDCx on minswap.org 2. Go to https://usdcx.iog.io/bridge and bridge your USDCX to normal USDC in your Ethereum wallet. 3. Enjoy

Ok_Daredevil_576

The payments use case is actually more common than people think especially for small businesses, accepting USDT or USDC is pretty seamless these days with something like zeno bank io and the fees are way lower than anything traditional

Ok_Profile_5961

The payments use case is actually more common than people think especially for small businesses, accepting USDT or USDC is pretty seamless these days with something like zeno bank io and the fees are way lower than anything traditional

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Post is by: CaffeineComaMode and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sn58yx/white_house_basically_admitted_a_stablecoin_yield/ So the White House just put out a study on stablecoin yields and the tldr is pretty interesting - banning consumer-facing yields wouldn't actually do much for traditional banks. Like the whole argument for the ban was protecting the banking system and their own economists basically said yeah that's not really how this plays out. It would mostly just kill innovation and push retail back to TradFi without meaningfully helping the institutions it was supposedly designed to protect. This lands right as the CLARITY Act is finally picking up real momentum. Treasury, SEC, CFTC all publicly calling for it in the same week - that's not coincidence, that's coordinated signaling. The White House report just handed the pro-clarity side another data point from their own people. And while everyone's debating the regulatory stuff, the RWA wave keeps building anyway. Ripple just did a deal with Kyobo Life - one of Korea's biggest insurers - to tokenize government bond settlement. An actual live institutional deal. The infrastructure is being built regardless of how the yield debate resolves. The case for consumer yields is simple. People keep capital in crypto because it's doing something for them. Take that away and you're just asking retail to hold zero-yield stablecoins through volatile markets. That's not a recipe for adoption - it's a recipe for people rotating back to their savings account every time things get choppy. The irony is that while regulators debate whether yields should exist at all, platforms have been offering them to everyday users for years without the DeFi complexity. I've had a chunk sitting on Nexo earning on USDC and EURC this whole time - it's not complicated, it just works, and it's a big part of why I haven't felt the urge to rotate back to TradFi during the choppy periods. The White House's own economists just made the case that this ban wouldn't even achieve what it was supposed to. At some point you have to ask whether the pushback on yields is actually about systemic risk or just about keeping retail capital inside the traditional banking system where it's always been. Would genuinely like to hear if anyone sees a real systemic argument I'm missing - or whether this is just incumbents doing what incumbents do. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

YenoPredictiveMarket

The 3-bucket approach is smart. I do similar: Cold storage (70%): Hardware wallet, never touches exchanges. Multi-sig for anything over 6 figures. Trading stack (25%): CEX for active positions. Agree on avoiding Binance/Coinbase during volatility - they always "maintenance" at worst times. Degen budget (5%): Separate wallet for on-chain plays. If it goes to zero, core stack protected. One addition: I keep 30-day rolling buffer in USDC on CEX. Let's me buy dips without waiting for bank transfers when opportunity hits. The key is mental accounting. Once you separate long-term wealth from trading capital, decision-making improves dramatically.

funkinaround

If attestations are meaningless disclosures, why does Circle publish them for USDC?

GreenStretch

I kept wondering about four years ago the last few days and finally checked. [https://coinmarketcap.com/historical/20220410/](https://coinmarketcap.com/historical/20220410/) BTC, BNB, and XRP are up from then. ETH, SOL, ADA, AVAX, DOGE, and DOT are down. Tether and USDC were in the top 12. And Terra was #9 at $92.58.

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Post is by: bruhLUVye and the url/text [ ](https://goo.gl/GP6ppk)is: https://qualtrics.ucl.ac.uk/jfe/form/SV_6mWGyjBf4pRMAfQ After Terra, the USDC/SVB depeg, and now MiCA regulation in the EU, I’m researching whether a regulated neobank-issued stablecoin is feasible. Specifically Revolut, which just got its full UK banking licence and has been selected for the FCA’s stablecoin sandbox. The core tension is that MiCA bans paying interest on stablecoins in the EU, so the value proposition for holders is purely transactional. Would you hold one? Would you trust a neobank over Circle or Tether as an issuer?  Short anonymous survey (5 min), UCL ethics approved. Open to anyone who uses crypto, stablecoins, or cross-border financial services in any currency or country. [Link](https://qualtrics.ucl.ac.uk/jfe/form/SV_6mWGyjBf4pRMAfQ). Also happy to discuss the research question in the comments, such as the cannibalisation risk, the float economics, and whether MiCA’s no-yield rule decreases demand too significantly. I’ll post results when the analysis is done. Thanks for any help. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: bruhLUVye and the url/text [ ](https://goo.gl/GP6ppk)is: https://qualtrics.ucl.ac.uk/jfe/form/SV_6mWGyjBf4pRMAfQ After Terra, the USDC/SVB depeg, and now MiCA regulation in the EU, I’m researching whether a regulated neobank-issued stablecoin is feasible. Specifically Revolut, which just got its full UK banking licence and has been selected for the FCA’s stablecoin sandbox. The core tension is that MiCA bans paying interest on stablecoins in the EU, so the value proposition for holders is purely transactional. Would you hold one? Would you trust a neobank over Circle or Tether as an issuer?  Short anonymous survey (5 min), UCL ethics approved. Open to anyone who uses crypto, stablecoins, or cross-border financial services in any currency or country. [Link](https://qualtrics.ucl.ac.uk/jfe/form/SV_6mWGyjBf4pRMAfQ). Also happy to discuss the research question in the comments, such as the cannibalisation risk, the float economics, and whether MiCA’s no-yield rule decreases demand too significantly. I’ll post results when the analysis is done. Thanks for any help. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Top_Performance_732

why are you still typing utter ignorant bullshit? USDC has proof of reserves and is OVER BACKED by USD and short term US gov treasury bonds. stop typing random shit you have no idea about

Ev_Watching

If PayPal or Circle pays yield off short-duration Treasuries, that’s one thing. If Aave pays yield because borrowers are paying to borrow USDC against ETH, that’s another. If some random thing is showing 18% because it’s spraying token emissions around like a nightclub with bottle service, that’s another. Confusing the source of yield is the trap. I’d look at 3 things: * where the yield comes from * whether it’s durable * what has to go right for it to keep existing That’s the whole game.

Podsly

Buy USDC transfer to Cardano.

TheNordicCrypto

First of all, welcome! Crypto comes with many opportunities but is of course a speculative market so nothing is for sure. Regarding asset choice: Bitcoin have performed well since it's inception but have also had a lot of volatility (going up and down a lot during that time). There are a few stablecoins that have passed a lot of regulatory hurdles during recent years that have made them more safe than they were before. The two safest that come to mind are: USDC and RLUSD. There is also tokenized gold, PAXG, but gold have had a lot of volatility lately. On your wallet question there are a few options on how to store crypto. Users that are unfamiliar with tech and basic online safety could end up having their assets more safe by investing in crypto ETFs. When considering options buying "real crypto": keeping assets on a trading platforms/Exchanges means it's not your coins and if the exchange goes under your assets could be lost. This have happened many times during the years. Having assets on a free browser wallet (called "hot wallet") is safe as long as you don't make mistakes or get your phone/pc compromised. Due to these hot wallets being so prone to user error, it's the most common place beginners get scammed/hacked. But, getting a hot wallet on a laptop that you never use and simply leave it there, pretty much becomes as safe as it can get. When getting a physical wallet "cold wallet", it does not become 100% safe either since they are also prone to user error. But they avoid being remotely hacked since you need physical access to the device to approve any transaction/action. The most common user error with cold wallets is users share their seed phrase online, which one should never ever do. There are loads of cold wallet options out there and most of them are considered safe for basic storage.

Top_Performance_732

USDT is not yet fully audited and it's peg is usually worse than USDC, as well as cctp being better than usdt0 bridge. They're both fine and I use them both but USDC is superior

Pure-Jackfruit-95

I think there’s no such thing as a truly “safe” crypto, only less risky ones. For me, BTC is the closest since it’s the most established, with ETH as a solid second but more volatile. If you want stability, stablecoins (USDT/USDC) work, but they’re more for parking money than growing it.

Top_Performance_732

Just use USDC its not complicated

cryptohi9

There’s no truly “safe” crypto tbh, but closest would be: Stablecoins (USDC/USDT) → stay around $1 Bitcoin/Ethereum → more stable long-term vs others For apps: Coinbase is easiest to start For hardware: Ledger or Trezor are solid Just keep it simple and avoid random coins. If you want, I can show a super basic setup to start 👍

Apart_Bear_5103

USDC

Blockchainauditor

You said "long term". So BTC is currently the "safe in the long term" non-stablecoin. But if you want the ones with the least variability, one of the top stablecoins - Tether, USDC have the volume behind them.

Unhappy_Step9279

Sure, but what happened to me personally is that they only took my POL; I had USDC in that same wallet, but they didn't touch it. It's strange, but I was lucky. And since the wallet is Phantom and I absolutely need POL for GAS, I can recover it.

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Post is by: Unhappy_Step9279 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1skclp2/rescuing_stuck_funds_how_i_outsmarted_a_hackers/ **The Nightmare Start** A few days ago, I made the classic mistake: I accidentally leaked my private key in a `.env` file on a cloud server. Within seconds, a "Sweeper Bot" was attached to my wallet. If I sent 1 MATIC to pay for gas, the bot would drain it in the same block. My USDC was sitting there, reachable but "un-spendable". **The Battle** I tried everything. Manual transfers? Failed. Standard scripts? The bot was faster. I even tried private MEV relays, but network latency and DNS issues in the cloud were killing my timing. I felt the frustration of watching my money "trapped" while a hacker's script stood guard. **The Breakthrough: Multi-RPC Parallel Turbo** As a Senior Dev, I decided to stop playing by the hacker's rules. I built a custom Python engine designed for one thing: **Speed and Redundancy.** Instead of hoping for one connection to work, my solution: * **Parallel Broadcasting:** Dispatches the rescue transaction to 5+ high-performance RPC nodes simultaneously. **The Result** Yesterday, the script fired. While the bot was busy looking at one node, my transaction was already confirmed through another. **33.83 USDC rescued.** It wasn't just about the money; it was about winning the technical fight. **Can I help you?** If you have funds stuck in a compromised wallet (Polygon, Ethereum, or BSC) and you’ve been told "it's gone," don't give up yet. I’ve refined this "Parallel Rescue" method and I’m looking to help others who are in the position I was in. **What I need from you:** * The Public Address of the hacked wallet. * The type of token stuck. * *Note: I will NEVER ask for your seed phrase. All I need is to coordinate the rescue script execution.* Drop a comment or DM me if you’re tired of the bots winning. Let’s get your funds back. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

uncapchad

When a loan is initiated, your Bitcoin is converted to a wrapped token (cbBTC) and transferred to a Morpho smart contract, while the USDC loan is instantly deposited into your Coinbase account. cbBTC is automatically converted back to Bitcoin upon repayment. It is wrapped because Morpho protocol runs on the Ethereum blockchain and you can't send Bitcoin on another blockchain, it has to wrapped. Maintaining a **Loan-to-Value (LTV) ratio below the liquidation threshold** is your area of risk. If the loan balance (including accrued interest) reaches 86% of the collateral's market value, the collateral is *automatically liquidated* to repay the loan, triggering a penalty fee from Morpho. A sharp drop in the price of Bitcoin can quickly push your LTV toward the 86% liquidation limit. Interest continues to accrue until the loan is settled, which can increase your loan balance and LTV over time.

ginete_tech

you can yeah, but p2p only works for simple swaps between two people. the moment you want limit orders, real price discovery, or any kind of active trading, you need a matching engine. and that's where the execution trust problem kicks in. p2p is great for "I want to send you 100 USDC for your ETH" but it doesn't scale to actual markets.

No-Masterpiece2246

USDC founder is Goldman alum and shady af. I'd rather take my chances with Tether than have him freeze my USDC shitcoins without warning.

Calm-Professional103

I use Vesseo Wallet, a Stellar USDC wallet with yield-earning option through Blend. Riight now my unspent spending money is earning 9.45% APY. 

kyuronite

What? You can't just paste a solana address and have it go to ethereum or bitcoin. There is a checksum that happens so it will fail as the address is not even going to process. You can technically send funds from like USDC on ETH chain to BNB as the checksum will pass there. And then funds may be lost if the exchange does NOT have the same receiving address for either chain. Then you need to get them to do a deposit review which could either range from your funds being forfeited completely to you needing to pay a fee for the recovery and a wait of weeks to months. It all depends. If you did this onto your own wallet, then you should have the private keys available and can recover it easily. However, always double check and verify the address to receive and the network. Triple check can't hurt. Crypto doesn't have much room for error, so if you make a mistake, 99% of the time, you may just end up getting fucked.

Dubb18

No. The "ban" is on passive yield. Users may have to be "active" in order to gain yield. The definition of "active" has not been publicly clarified yet as far as I know. The biggest opponent to this was Coinbase, but they already have requirements for their users to gain USDC yield. You have to have an account on Base or be a member of Coinbase Pro. This wouldn't be much of a shift for them, which is why they likely support the latest rev.

LiquidityCompass

Holding USDC for now, waiting for better liquidity conditions 😄

ForestFreund

I own shares of tokenized homes in the US real estate market and get paid rent in USDC. It runs on Algorand. Lofty.ai

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Post is by: Loffel777 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sj3ycr/the_end_of_idle_money_in_crypto_your_stablecoins/ The quiet shift this year: you don’t have to “sit idle” in crypto anymore It feels like something subtle but important has changed this year. For a long time, holding stablecoins was basically just waiting. You’d convert fiat into something like USDC, park it, and accept that it wasn’t really working for you. It was more about optionality than productivity. But now, with the rise of yield-bearing stablecoins, that dynamic is shifting. Holding no longer means idle. You can “pause” consumption, stay liquid, and still generate returns while you wait for the right opportunity. It might not seem like a big deal at first glance, but from a capital efficiency standpoint, it’s a meaningful evolution. Instead of choosing between: staying liquid (but earning nothing), or locking capital away (for yield), we’re starting to get something in between. Yes, there’s still friction, smart contract risk, platform risk, regulatory uncertainty, but that friction is decreasing faster than most people realize. Compared to traditional bank deposits (especially long-term ones with limited flexibility), this starts to look increasingly attractive for a certain type of investor. Not saying it’s risk-free, far from it. But it does feel like the beginning of a shift where “waiting” is no longer unproductive in crypto. Curious how others are thinking about this, are yield-bearing stables becoming part of your base allocation, or still too early to trust? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*